CPCU 520 Flashcards

Decks in this Class (10):

• Chapter 1 Overview Of Insurance Operatio

  Chapter 1: Overview of Insurance Operations

  Sample Cards:

  principal function of every insurer,

  p c insurers classifications,

  legal form of ownership
  15 Cards
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• Chapter 2 Insurance Regulations

  Chapter 2: Insurance Regulations

  Sample Cards:

  reasons for insurance regulation,

  reasons for insolvency,

  insurance rate regulation goals
  8 Cards
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• Chapter 3 Insurance Marketing And Distri

  Chapter 3: Insurance Marketing and Distribution

  Sample Cards:

  customer groups,

  distinguishable traits of insurance cust,

  marketing differentiations
  22 Cards
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• Chapter 5 Risk Control And Premium Audit

  Chapter 5: Risk Control And Premium Auditing

  Sample Cards:

  insurer risk control goals,

  earn a profit,

  risk control services provided by insure
  9 Cards
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• Chapter 6 The Claim Function

  Chapter 6: The Claim Function

  Sample Cards:

  claim function goals,

  claim information users,

  claim department contacts
  11 Cards
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• Chapter 7 Actuarial Operations

  Chapter 7: Actuarial Operations

  Sample Cards:

  actuarial functions,

  ideal characteristics of rates,

  rate components
  17 Cards
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• Chapter 4 The Underwriting Function

  Chapter 4: The Underwriting Function

  Sample Cards:

  purpose of underwriting,

  underwriting activities,

  market types staff underwriting activiti
  13 Cards
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• Chapter 8 Reinusrance Principles And Con

  Chapter 8: Reinusrance Principles And Concepts

  Sample Cards:

  reinsurance functions,

  stabilize loss experience,

  provide surplus relief
  13 Cards
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• Chapter 9 Business Needs And Information

  Chapter 9: Business Needs And Information Technology Alignment

  Sample Cards:

  insurer s information needs,

  operational level information neefs,

  types of business information informatio
  9 Cards
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• Chalter 10 Insurer Strategic Management

  Chalter 10: Insurer Strategic Management

  Sample Cards:

  strategic management process,

  strategy formulation,

  strategy evaluation
  13 Cards
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